Premier Roger Cook calls on RBA to lower interest rate to help households in cost of living crisis

[Pelican Press 0]

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Premier Roger Cook calls on RBA to lower interest rate to help households in cost of living crisis

Interest rates should be lowered, the Premier believes, saying the Reserve Bank’s more than a dozen consecutive rises have achieved its goal of slowing Australia’s economy.

Speaking in the wake of sustained attacks on the RBA from the Federal Government over rate rises “smashing the economy”, Roger Cook said it was “time” to slash rates.

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